the good old days... 2005.
I wonder how this person fared or was it a young one who didn't buy.
It illustrates quite nicely just how naive most people were about the absolute collapse that was only around the corner!
I read over some of the 2005/2006 threads in A&P sometimes as they give some really interesting insights into attitudes at the time. It's like a time capsule filled with ignorance.
Wow. That is all.
My favourite quote "Property prices will not go down .... full stop."
the very next post.
I love reading this forum back to 2005/2006. This is stuff future and current historians should be salivating over.
Many of the cheerleaders who were frequent posters back then for years, havent said a peep since 2008. I remember a quote:
This kind of insane "investment" advice from self proclaimed gurus probably influenced a lot of people to do some bad choices. These people boasted about their multiple investment properties, I wonder how that went for them.
Anyways - enough schadenfreude - but it should be sobering food for thought should you ever find yourself in a market where this is repeating.
david mcwilliams reckons this is the current situation in australia.
Canada looks bubble like also.
Can we get Dublinwriter back in the thread please....I've a few questions for him!!
Good reading in this thread. It seems that the few who bucked the trend turned out to be right.
Everyone now is saying it's a bad time to buy...